Is The Crypto Winter Thawing? US Bitcoin ETFs Record First Inflows In Weeks – Coinshares
Summary
US spot Bitcoin ETFs have shifted from outflows to net inflows, with $130 million inflows in digital asset investment products, indicating renewed investor interest. Grayscale reported decreased outflows, hinting at market stabilization. Global investment flows showed mixed signals, with Bitcoin rebounding with $144 million in inflows. Bitcoin's performance surpassed Ethereum's, with Bitcoin surging nearly 3% in the past 24 hours. Analysts suggest Bitcoin could climb to $76,000 if it reclaims $64,290 as a support level.
